East Bay apartment houses are still in huge demand …

25th July, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

East Bay apartment houses are still in huge demand.  There was a recent 16 unit which had 12 offers 6 of which were over the asking price and may have sold for a 4 percent cap rate. Tweet This Post Read More

When contemplating installing a solar panel array on your roof …

12th June, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

When contemplating installing a solar panel array on your roof, make sure to evaluate the condition of your roof first as if the roof needs replacing in the next 5-10 years you may want to do this prior to installation of the solar panel system. If the roof needs to be replaced after the solar […] Read More

Just think if renting a house was handled like renting an office suite …

9th April, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Just think if renting a house was handled like renting an office suite … sure I will rent your house, just change the size of the bedrooms, move the kitchen to the other side of the house, and you need to build out a larger family room … sure …, but for office space tenant […] Read More

Misc commercial real estate factoids …

25th January, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Misc commercial real estate factoids … in Napa they are almost out of wine storage warehousing, as of the 9 million square feet of product there is only 50,000 square feet available. There were 45 percent more apartment house transactions in the East Bay in 2012 versus 2011. Per door prices went from $100,000 a […] Read More

California vs. the Midwest …

10th January, 2013 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

California, even with its high cost of living, high wages, comparatively less advantageous business taxation, and all the other reasons the economic development directors from Kansas and Nebraska use to try to entice firms to relocate, still has a panache in attracting great companies seeking the best employees … given a choice, would you prefer […] Read More

Apartment rents in the San Francisco Bay Area continue their growth trend …

10th December, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

With rent growth in Oakland up 19 percent year-over-year comparison, Emeryville up 15 percent and the City of Alameda up 12 percent as San Francisco and Peninsula renters seek lower-cost housing. However, there have been recent reports warning that this frenzy could slow down with new construction of apartment units. Tweet This Post Read More

For years I have been predicting paint that captures solar power …

9th November, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

And converts to electricity and writing about new solar window inventions … UCLA researchers have created a polymer solar cell that maintains 70 percent transparency while converting infrared light into an electrical current. It can be produced in high volume at low cost because it is made from lightweight, flexible photoactive plastic … Buildings Magazine […] Read More

A new study about workplace satisfaction …

5th November, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Done by UC Berkeley (where I received my BS and MBA, hooray!) found that washrooms top the list of common comment themes … other top issues: Cleaning, either incomplete, disruptive or insufficient; Temperature, too hot, too cold; Air Quality, dust lack, of fresh air, mold, odors; Carpet Walls and Furniture, dirtiness, need for better or […] Read More

Residential land sales in a number of regions are expected to keep climbing …

31st October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

As “we have hit bottom and are clearly on the way back up.”  In a number of submarkets light industrial land sales are predicted to take off in 2013/2014 as existing inventory continues to shrink, forcing rents and demand up. Tweet This Post Read More

Commercial lending rates for prime properties….

26th October, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments

Life companies are doing loans as low as 4 percent amortized over 30 years and due in 10, non-recourse, and conduit lenders are doing 4.5 percent 30 year amortization due in 10 years… banks have reportedly become more aggressive in commercial real estate lending with 4-4.5 percent 7-10 year term loans for quality properties. Tweet […] Read More

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